Botswana Explores Investment Links with Nigerian Industrial Group After Lagos Talks

Botswana Explores Investment Links with Nigerian Industrial Group After Lagos Talks. Botswana is advancing discussions around co-investment and capital market collaboration following a high-level visit to Lagos, Nigeria.

Vice President and Minister of Finance Ndaba Nkosinathi Gaolathe concluded a two-day working trip where he held bilateral talks with Aliko Dangote, President and Chief Executive of Dangote Industries Limited. The meetings focused on strengthening intra-African economic partnerships through potential joint investments and financial market participation.

Early-stage discussions included possible collaboration on capital markets, with considerations around listings on the Botswana Stock Exchange. The engagements form part of Botswana’s broader economic priorities under National Development Plan 12 and the Botswana Economic Transformation Programme, both of which aim to support diversification and growth.

During the visit, Gaolathe toured key industrial facilities operated by Dangote Industries. These included the Dangote Fertiliser Plant, which has an annual production capacity of 3 million metric tonnes of urea, and the Dangote Refinery, an integrated complex with the capacity to process 650,000 barrels of crude oil per day.

The visit provided an opportunity for Botswana to gain insight into large-scale industrial operations and explore areas of potential alignment with its own development agenda. Officials indicated that discussions remain at an early stage, with no final agreements announced.

A follow-up engagement in Botswana is expected to be considered in June 2026, as both sides continue to evaluate areas for possible cooperation.